Question 2: Has the "platform economy" created a system of uncompetitive monopolies in major industries? Answer in reference to one industry of your choice.

The case industry chosen is tech industry.

Further guidance for this question:

• This question relates to: intangible capital, platform businesses and the ways that they operate differently to other major business models. Before researching a response, make sure you've viewed this lecture and read the essential materials.
• Answers must assess the debate about how platforms often form market monopolies, and whether this presents a fundamentally different market system than other business models or eras.
• The question asks for a case industry, but if that industry is monopolised by one major platform firm, you may end up focusing mainly on that one firm.Your essay's argument must respond directly to the question posed: has the rise of the platform economy led to a fundamental shift in this regard, or does competition remain an important element of platform business? There is no right or wrong answer - look for the best evidence to make your case for your argument.

provide real-world examples and an in-depth discussions.